Okla. Stat. tit. 12A § 5-119

Current through Laws 2024, c. 453.
Section 5-119 - Savings Clause

A transaction arising out of or associated with a letter of credit that was issued before January 1, 1997, and the rights, obligations, and interests flowing from that transaction are governed by any statute or other law amended or repealed by this act as if repeal or amendment had not occurred and may be terminated, completed, consummated, or enforced under that statute or other law.

Okla. Stat. tit. 12A, § 5-119

Added by Laws 1996, SB 1034, c. 56, § 18, eff. 1/1/1997.

Oklahoma Code Comment

None.